>> Apr 16, 2016

If you have debts then you may
also have a desire to pay off them. If you really have a desire to pay off your
debts, then what should be done is to take an aggressive action to pay off
everything. Once you have passed everything, then you will really be able to
spend the rest of your life in a freedom. Indeed, most people have good
intentions to pay off their debts, but there are always obstacles that suddenly
have to face so that they can pay off their debts on time.

It would be pointless if you
decide to pay off your debts but you are not serious about it. Think back to
one time in your life when you had decided to take something that you want and
you did well only after you made a conscious decision to do so seriously. You
will be able to pay off your debt more quickly if you are serious about it.

Make a plan of unexpected things

Do not just start throwing money
at your debts without some plan of things that are unexpected. What would you
pay off first? How much money will you put towards your debts? Do you cut other
expenses while paying off your debts? A comprehensive plan of things that are
unexpected will help you get your debts paid off faster.

Stop spending money on things that are not important

Instead of eating out, pack your
lunch. Instead of stopping for a coffee, take your own drinks from home. The
more money you can save, the faster your debts will be paid. In short, make
your life more meaningful.

Cut your credit card

You're asking for trouble if you
keep using your credit card while you're actively trying to pay it off. It is
better to stop using the card for several reasons: You are not going to add
more money to the debt, and you really will see your balance goes down. Seeing
a decrease of balance can help you stay motivated.

You might be able to save a bit
of money and get your debt paid off faster if you combine all your accounts
into a single account with lower interest rate. The best way to do this is
through a 0% balance transfer. You may be able to save hundreds or even
thousands bucks, depending on your situation.

Get help from your spouse

If you share your finances with
your spouse (wife / husband) or anyone else, then you should make sure that
everyone involved is willing to make the necessary sacrifices. If everyone can
participate then the debt will be paid more quickly.

Sell ​​some stuff

Find some items you do not need
or want anymore. Take advantage of the sales and put the money only for paying
your debts. You will get your debts paid off faster.

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Welcome to my blog. I'm a home maker, a stay at home wife. I'm just an ordinary woman who has interest in reading, working at home and learning to write. We live in Bogor, Indonesia.This blog contains articles in family topic. Contact me at linalg4@gmail.com